Entries by Nirav

PropVestment proudly presents the launch for sale to the public of 35 luxury apartments in the heart of Leicester. Converting the former University of Leicester offices in to contemporary apartments, and retaining the character of period buildings in central Leicester. For pricing and inquiries email: info@propvestment.com Starting from £95,000 LOCATION The site is strategically […]

We were approached recently by a landowner who had obtained planning permission on a parcel of her land, adjoining a business premises. She had no development experience, and required help to raise the development finance and project manage the development. Attempt 1 We approached the “usual” development lenders but were unsuccessful. They were unwilling to […]

In light of the LEAVE decision from the EU referendum there may be effects on the UK property market. The headlines: The immediate impact has been market uncertainty, the FTSE has dropped approx. 10% since the decision was announced and major house builders like Taylor Wimpey, Permission, Barratts, and Berkley Homes have all lost between […]

The Court of Appeal ruling on the exemption of small residential sites (10 homes or fewer) from affordable homes obligations has been published on Monday 16th May 2016. Reading Borough Council and West Berkshire District Council quashed this Government policy, through winning a High Court ruling in July 2015. However, today the government has won […]

With the Stamp Duty surcharge coming into effect today, we look back at the key points from the Budget 2016 affecting the UK property market. The planned stamp duty surcharge on purchases of additional property, to include those who buy more than 15 properties. Previously if you owned more than 15 properties you were exempt from the […]

On the 1st of April 2016, the “Landlord Tax” or stamp duty surcharge comes into affect of a 3% surcharge for anyone buying a second home or an investment or buy to let property. However what will be the impact for the property investor? Will it reduce prices or first time buyers? Will the extra […]

The Prime Minister announced today that the Permitted Development Rights that enabled office to residential conversion without full planning permission is set to be made permanent. The scheme with initially ran from 2013 to May 2016 will be extended indefinitely. In other boosts for house building today, the PM is also announcing that a temporary […]

From 6th April 2015, the Construction (Design and Management) Regulations 2007 were replaced by the Construction (Design and Management) Regulations 2015 (the “Regulations”). The Regulations are intended to be less bureaucratic than the previous regulations and to improve the planning and management of projects from the start. CDM changes The Regulations brought about key changes, […]

#SDLT (Stamp Duty Land Tax) has been totally reformed in the Autumn Statement by George Osbourne. First time buyers gain, and buyers of property over £937,500 lose out. 98% of people who will be paying Stamp Duty will pay less Under the new rules Stamp Duty will follow a scale similar to income tax, with […]

Wednesday 3rd December was the last McHugh & Co auction of 2014. Focusing on residential property in London this auction gives a good indication of the state of the London property market. PropVestment attended the auction on the instruction of client’s interested in some of the lots on offer. Here is how it went: Key […]